Supply Chain Visibility Firm Overhaul Lands $55 Million Investment
Capitalizing on Growth Opportunities
Overhaul, a leading supply chain visibility firm, has successfully closed a $55 million equity funding round led by Springcoast Partners, with additional investments from existing partners Edison Partners and Americo. This significant influx of capital will enable Overhaul to further develop its AI technology and pursue strategic acquisitions, ultimately enhancing its position in the market.
A Market Ripe for Consolidation
According to Barry Conlon, founder and CEO of Overhaul, the supply chain technology space is poised for significant consolidation over the next 12 to 24 months. With this investment, Overhaul is well-positioned to establish itself as the ultimate integrated solution, offering a comprehensive suite of tools for supply chain risk management, efficiency, and visibility under a single trusted platform.
About Overhaul
Founded in 2016 and headquartered in Austin, Texas, Overhaul provides supply chain risk management and intelligence to shippers and 3PLs, helping them mitigate disruptions such as in-transit cargo delays, damage, and theft. Currently, the company monitors over $1.4 trillion in cargo trade for its clients.
Springcoast Partners: A Growth Equity Firm
Established in 2023, Springcoast is a New York-based growth equity firm focused on partnering with market-leading software and technology companies. As part of this investment, Chris Dederick, principal at Springcoast, and Holger Staude, Springcoast’s managing partner, will join Overhaul’s board of directors.
A Vote of Confidence
“We believe the company’s fully integrated solution sets it apart in the market, and we are excited to support their go-forward growth plan,” Staude said in a statement. With this investment, Overhaul is poised to accelerate its growth and solidify its position as a leader in the supply chain visibility space.
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